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Property profile & analytics
OFF-MARKET
Estimated value
$2,405,000
Automotive properties
98 Okatie Ctr N Blvd, Okatie, SC 29909
Entity Owned
2-yr Hold
Free & Clear
Property ID
US77-0271378
Property profile
Verified
Property type
Automotive properties
Use group
VEHICLE SALES, RENTALS
Year built
2003
Total area
8,491 SF
Lot
2.82 ac (122,839 SF)
Zoning code
6616
APN
R600 021 000 0041 0000
UPID
US77-0271378
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.40M
Blend (final)
Blend
$2.41M
Owner & transaction history
Okatie Re LLC · 2 yrs held
Okatie Re LLC
since 2024
6 recorded transactions
Zoning & alternative use
6616 · Okatie, SC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$3.1M
+5.2%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Okatie submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Okatie submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$2,900,000
Current use
RESTAURANT
$3,050,000
Change: +5% · Conversion: Difficult
OFFICE BUILDING
$2,500,000
Change: -14% · Conversion: Difficult
COMMERCIAL (GENERAL)
$2,330,000
Change: -20% · Conversion: Moderate
Blend value · Realmo final
$2.41M
Range $2.16M – $2.65M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$283 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$29,815
Tax year 2023
Assessed value
$117,300
Assessed 2023
Previous assessed
$102,000
+15.0% YoY
Effective rate
25.42%
On assessed value
Land market value
$1,551,000
Improvement market value
$864,400
Total market value
$2,415,400
Applied tax rate
600.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Automotive properties
Use group
VEHICLE SALES, RENTALS
Status
Off-Market
Year built
2003
Heating
NONE
Total area
8,491 SF
Lot
2.82 ac (122,839 SF)
Zoning code
6616
APN
R600 021 000 0041 0000
UPID
US77-0271378
Jurisdiction
BEAUFORT
Zoning & alternative use
6616 · Okatie, SC
Zoning 6616 · permitted uses
6616 · Okatie, SC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Okatie. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
AUTO REPAIR, GARAGE Current
Est. value
$2.9M
RESTAURANT
Est. value
$3.1M
OFFICE BUILDING
Est. value
$2.5M
COMMERCIAL (GENERAL)
Est. value
$2.3M
AUTO REPAIR, GARAGE Current
RESTAURANT
OFFICE BUILDING
COMMERCIAL (GENERAL)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2003
Heating
NONE
Lot
2.82 ac
Current owner
From public records · entity-resolved
Okatie Re LLC
Entity
Free & Clear · 2 yrs held
Mailing address
1875 S ORLANDO AVE, MAITLAND, FL 32751-6668
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 25, 2024
—
Okatie Re LLC
Compass Rehabilitation LLC
Deed
—
Feb 10, 2023
—
Kelly Marie Jurgens
—
Deed
related
$100,000 · Movement Mortgage
Dec 26, 2019
$1,700,000
Compass Rehabilitation LLC
Peacock Re LLC
Grant Deed
$1,300,000 · Bank Of America
Feb 29, 2016
$1,400,000
Coastal States Re LLC
First Team Properties LLC
Warranty Deed
—
Apr 6, 2007
$2,550,000
First Team Properties LLC
Frasher,jack L JR
Warranty Deed
related
$2,040,000 · Suntrust Bk/ne Ga
—
—
Frasher,jack L JR
—
Deed Of Trust
related
$660,000 · National Bk/sc
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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